Latest Lockheed Martin Corp News

Lockheed Martin wins $7.2B Air Force satellite contract

Sep. 14, 2018 7:20 PM EDT

DENVER (AP) — The U.S. Air Force says it is awarding Lockheed Martin a $7.2 billion contract to build 22 next-generation Global Positioning System satellites. Air Force Secretary Heather Wilson said in a Friday statement the satellites, known as GPS 3 Follow-On, "will provide greater accuracy, and improved...

North Korean charged in crippling Sony hack, WannaCry virus

Sep. 6, 2018 10:47 PM EDT

LOS ANGELES (AP) — A computer programmer working for the North Korean government was charged with devastating cyberattacks that hacked Sony Pictures Entertainment and unleashed the WannaCry ransomware virus that infected computers in 150 countries and crippled parts of the British health care system,...

Key details from hacking complaint against North Korean

Sep. 6, 2018 5:30 PM EDT

LOS ANGELES (AP) — U.S. officials have charged a North Korean computer programmer in connection with high-profile cyberattacks, including the Sony Pictures Entertainment hack and the WannaCry ransomware virus that affected hundreds of thousands of computers worldwide. Here are key allegations from the...

Alphabet and Lands' End drop while CBS climbs

Sep. 6, 2018 4:36 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Pebblebrook Hotel Trust, down $1.24 to $37.25 Pebblebrook said it will buy LaSalle Hotel Properties for $37.80 a share, or $4.2 billion. AeroVironment Inc., up $12.47 to $99.97 The drone maker had a stronger second quarter than...

Markets Right Now: Stocks sink as tech slump continues

Sep. 6, 2018 4:15 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Technology companies are finishing another day of sharp losses Thursday, although the broader market didn't fare as badly. Apple fell 1.7 percent Thursday. Chipmakers sank after a KLA-Tencor executive said business...

A look at companies embroiled in recent political debates

Sep. 4, 2018 6:37 PM EDT

NEW YORK (AP) — Nike's "Just Do It" campaign featuring Colin Kaepernick is a rare example of a brand jumping into a divisive issue uninvited. Still, like it or not, American companies are increasingly being pulled into the country's political and cultural wars. Here's a look at other companies that...

Duterte says buying US F-16 jets 'utterly useless'

Aug. 24, 2018 1:02 AM EDT

MANILA, Philippines (AP) — The Philippine president is opposing an offer by the U.S. defense chief and other top American officials to buy F-16 fighter jets, saying such an acquisition would be "utterly useless" because his country needs lighter combat aircraft to fight insurgents. President Rodrigo...

NASA administrator supports Trump 'space force' proposal

Aug. 13, 2018 7:40 PM EDT

NEW ORLEANS (AP) — NASA Administrator Jim Bridenstine expressed full support Monday for President Donald Trump's proposed military "Space Force" but added that it will have a role separate from NASA. Bridenstine said in New Orleans that NASA's responsibilities involve science, space exploration and...

Correction: PepsiCo-CEO-Women-Glance story

Aug. 7, 2018 6:57 PM EDT

In a story Aug. 6 story listing female CEO of S&P 500 companies, The Associated Press erroneously listed Margaret C. Whitman as the CEO of Hewlett Packard Enterprise Co. She stepped down from the role in January. A corrected version of the story is below: Female CEOs at S&P 500 companies Female CEOs at...

AP FACT CHECK: Trump overlooks Europe's role in NASA capsule

Jul. 25, 2018 1:26 AM EDT

WASHINGTON (AP) — One of the star products of President Donald Trump's Made in America showcase this year, NASA's Orion crew capsule, will ride through space thanks to Europe. With its four solar-array wings, the European Service Module supplies propulsion, power and the essentials of life for the...